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Neural network software is used in stimulating, researching, developing, and applying artificial neural networks to a wide array of adaptive systems such as artificial intelligence and machine learning. Neural network simulators are software applications used in stimulating the behavior of artificial or biological neural networks, with a focus on one or a limited number of specific types of neural networks. The most common type of neural network software historically was use in researching neural network structures and algorithms. The modern type of development environments majorly favors the component based systems.

Based on type, the market is segmented into Analytical Software, Optimization Software, Data Mining & Archiving, and Visualization Software. Optimization is further divided into Genetic Algorithm and Simulated Annealing. Based on Vertical, market is segmented into BFSI, Government & Defense, Government & Defense, Government & Defense, Industrial Manufacturing, Media, Retail & Ecommerce, Telecom & IT, Transportation & Logistics, and Others.

Based on country, LAMEA Neural Networks Software market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. Brazil remained the dominant region in the LAMEA Neural Networks Software market in 2015. UAE and Argentina would witness promising CAGR during the forecast period (2016-2022).